Used 2016 Ford Mustang for Sale nearDetroit, MI
Shop with transparent pricing.
Only show listings that include dealer fees- Year:
- 2016
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Red
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Transmission:
- 6-Speed Automatic
- Mileage:
- 48,025
- Stock #:
- 24543
- VIN:
- 1FA6P8THXG5261841


Sponsored by Twins Auto Sales - Detroit
2016 Ford Mustang
EcoBoost Premium Coupe RWD
48,025 mi
$19,309
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 300 hp 3.7L V6
- Exterior color:
- Black
- Combined gas mileage:
- 23 MPG
- Fuel type:
- Gasoline
- Interior color:
- Gray
- Transmission:
- 6-Speed Automatic
- Mileage:
- 113,458
- Stock #:
- 392702
- VIN:
- 1FATP8EMXF5392702

Sponsored Listing
2015 Ford Mustang
V6 Convertible RWD
113,458 mi
$13,275
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior color:
- Black
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- 6-Speed Automatic
- Mileage:
- 36,521
- Stock #:
- P14439
- VIN:
- 1FATP8FF9F5407366

Sponsored Listing
2015 Ford Mustang
GT Premium Convertible RWD
36,521 mi
$28,275
- Year:
- 2017
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior color:
- Red (Burgundy)
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 6-Speed Manual
- Mileage:
- 76,129
- Stock #:
- 19512
- VIN:
- 1FA6P8CFXH5256011

2017 Ford Mustang
GT Coupe RWD
76,129 mi
$24,275
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 300 hp 3.7L V6
- Exterior color:
- Black
- Combined gas mileage:
- 23 MPG
- Fuel type:
- Gasoline
- Interior color:
- Gray
- Transmission:
- 6-Speed Automatic
- Mileage:
- 113,458
- Stock #:
- 392702
- VIN:
- 1FATP8EMXF5392702

2015 Ford Mustang
V6 Convertible RWD
113,458 mi
$13,275
- Year:
- 2017
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior color:
- Gray (Magnetic Metallic)
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- 6-Speed Manual
- Mileage:
- 25,323
- Stock #:
- 28624C
- VIN:
- 1FA6P8CF7H5301146

2017 Ford Mustang
GT Coupe RWD
25,323 mi
$29,955
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior color:
- Ruby Red Metallic
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- 6-Speed Automatic
- Mileage:
- 109,491
- Stock #:
- 332436U
- VIN:
- 1FA6P8CFXF5332436

-$500
2015 Ford Mustang
GT Premium Coupe RWD
109,491 mi
$19,867
$19,367
- Year:
- 2017
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Gray (Magnetic)
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- 6-Speed Automatic
- Mileage:
- 86,079
- Stock #:
- 26147
- VIN:
- 1FATP8UH5H5331247

2017 Ford Mustang
EcoBoost Premium Convertible RWD
86,079 mi
$15,809
- Year:
- 2016
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Shadow Black
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- 6-Speed Manual
- Mileage:
- 40,481
- Stock #:
- 795526A
- VIN:
- 1FA6P8TH5G5312291

2016 Ford Mustang
EcoBoost Premium Coupe RWD
40,481 mi
$19,029
- Year:
- 2016
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior color:
- Orange
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 6-Speed Manual
- Mileage:
- 90,540
- Stock #:
- RT6679R
- VIN:
- 1FA6P8CF9G5246679

2016 Ford Mustang
GT Coupe RWD
90,540 mi
$23,722
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Black
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- 6-Speed Automatic
- Mileage:
- 34,147
- Stock #:
- 417602Z01
- VIN:
- 1FA6P8TH8F5417602

2015 Ford Mustang
EcoBoost Premium Coupe RWD
34,147 mi
$19,506
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Red
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Brown (TAN)
- Transmission:
- 6-Speed Automatic
- Mileage:
- 33,609
- Stock #:
- 366765
- VIN:
- 1FA6P8THXF5366765

2015 Ford Mustang
EcoBoost Premium Coupe RWD
33,609 mi
$19,203
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Black
- Combined gas mileage:
- 25 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 6-Speed Automatic
- Mileage:
- 48,593
- Stock #:
- NEW366912
- VIN:
- 1FATP8UH6F5366912

2015 Ford Mustang
EcoBoost Premium Convertible RWD
48,593 mi
$19,066
CarGurus Analysis:
2016 Ford Mustang
With 244 currently listed for sale and an average price of $16,978, 11.9% of 2016 Ford Mustang listings on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2016 Ford Mustang 4.85 / 5 stars and CarGurus experts gave it a 7.5 / 10.
61.9% of 2016 Ford Mustang listings on CarGurus are accident free.
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior color:
- Red
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 105,963
- Stock #:
- 411682
- VIN:
- 1FA6P8CF4F5411682

2015 Ford Mustang
GT Premium Coupe RWD
105,963 mi
$20,370
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior color:
- Blue Metallic
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 6-Speed Manual
- Mileage:
- 71,744
- Stock #:
- P37915
- VIN:
- 1FA6P8CF1F5414393

2015 Ford Mustang
GT Premium Coupe RWD
71,744 mi
$24,510
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Black
- Combined gas mileage:
- 26 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 54,042
- Stock #:
- 310789
- VIN:
- 1FA6P8TH8F5310789

-$1,000
2015 Ford Mustang
EcoBoost Premium Coupe RWD
54,042 mi
$17,254
$16,254
- Year:
- 2016
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Gray (Magnetic)
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- Automatic
- Mileage:
- 84,568
- Stock #:
- P296425
- VIN:
- 1FATP8UH4G5296425

2016 Ford Mustang
EcoBoost Premium Convertible RWD
84,568 mi
$14,977
- Year:
- 2015
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior color:
- Black
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Brown (Beige)
- Transmission:
- 6-Speed Manual
- Mileage:
- 60,724
- Stock #:
- J1487FWL
- VIN:
- 1FA6P8CF7F5316839

2015 Ford Mustang
GT Premium Coupe RWD
60,724 mi
$26,337
- Year:
- 2016
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 300 hp 3.7L V6
- Exterior color:
- White
- Combined gas mileage:
- 23 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- Automatic
- Mileage:
- 144,760
- Stock #:
- 14742
- VIN:
- 1FA6P8AM6G5322456

2016 Ford Mustang
V6 Coupe RWD
144,760 mi
$11,949
- Year:
- 2016
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior color:
- Yellow
- Combined gas mileage:
- 20 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 6-Speed Automatic
- Mileage:
- 91,088
- VIN:
- 1FA6P8CF1G5316479

2016 Ford Mustang
GT Premium Coupe RWD
91,088 mi
$23,401
- Year:
- 2016
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 300 hp 3.7L V6
- Exterior color:
- White
- Combined gas mileage:
- 23 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 6-Speed Automatic
- Mileage:
- 71,549
- Stock #:
- G5324279
- VIN:
- 1FA6P8AM9G5324279

2016 Ford Mustang
V6 Coupe RWD
71,549 mi
$17,130
- Year:
- 2017
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Coupe
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 435 hp 5L V8
- Exterior color:
- Gray (Magnetic Metallic)
- Combined gas mileage:
- 19 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black
- Transmission:
- 6-Speed Automatic
- Mileage:
- 113,603
- Stock #:
- BW4475
- VIN:
- 1FA6P8CF0H5265817

2017 Ford Mustang
GT Coupe RWD
113,603 mi
$20,345
- Year:
- 2017
- Make:
- Ford
- Model:
- Mustang
- Body type:
- Convertible
- Doors:
- 2 doors
- Drivetrain:
- Rear-Wheel Drive
- Engine:
- 310 hp 2.3L I4
- Exterior color:
- Gray (Magnetic)
- Combined gas mileage:
- 24 MPG
- Fuel type:
- Gasoline
- Interior color:
- Black (Ebony)
- Transmission:
- 6-Speed Automatic
- Mileage:
- 86,079
- Stock #:
- 26147
- VIN:
- 1FATP8UH5H5331247

Sponsored Listing
2017 Ford Mustang
EcoBoost Premium Convertible RWD
86,079 mi
$15,809
CarGurus Analysis: 2016 Ford Mustang
overall

Summary
With 244 currently listed for sale and an average price of $16,978, 11.9% of 2016 Ford Mustang listings on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2016 Ford Mustang 4.85 / 5 stars and CarGurus experts gave it a 7.5 / 10.
61.9% of 2016 Ford Mustang listings on CarGurus are accident free.
Why it stands out
The 2016 Ford Mustang stands out because Ford treated it as more than a simple carryover after the car’s 50th anniversary year. According to the test-drive summary, it brought back some old favorites and added new surprises to keep the pony car fresh, including hood-mounted turn signals that first appeared in ’67, new Black Accent and California Special packages, and the GT Performance package finally becoming available for the convertible.
It also arrived with the Sync 3 infotainment system, which debuted just in time for the Mustang’s 51st birthday. That helps make the 2016 Mustang appealing to buyers who want a classic-looking performance car with updated tech and a broader mix of appearance and performance packages. At the same time, owner feedback suggests the car’s strengths are its fun, smooth ride, performance, handling, and style, while some drivers were disappointed by the lack of Apple CarPlay and had mixed feelings about fuel economy on certain models.
Other model years to consider
- 2023 Ford Mustang
- Average price: $37,097
- Good/great deal percentage: 21.5%
- User rating: 5 / 5
- Total listings: 279
- 2025 Ford Mustang
- Average price: $41,162
- Good/great deal percentage: 23.4%
- User rating: 5 / 5
- Total listings: 239
- 2021 Ford Mustang
- Average price: $26,245
- Good/great deal percentage: 23.4%
- User rating: 4.71 / 5
- Total listings: 261
Similar models to consider
- 2016 Chevrolet Camaro
- Average price: $26,489
- Good/great deal percentage: 20.0%
- User rating: 4.38 / 5
- Total listings: 170
- 2016 Dodge Challenger
- Average price: $17,596
- Good/great deal percentage: 7.7%
- User rating: 4.76 / 5
- Total listings: 130
This analysis is based on CarGurus' proprietary market data from October 19, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
4.9 Overall rating
Filter by rating
Linda S
Reviewed a 2016 Ford EcoBoost Premium Convertible RWD on Dec 11, 2022
So beautiful, top up or down its a head- turner. Super comfortable to drive around town or on the highway, all good. Ford did a good job on the infotainment, plug and play to use Google maps. The sport mode really gets it while normal mode helps save gas. Best in class cargo means you can fit your stuff no problem. I have the 6 speed stick, notchy and fun all the time. The 4 cylinder turbo engine Ecoboost means the car is way lighter than the GT which makes this really easy to drive and nimble. The brakes are great. At 34,000 and have no issues, very reliable. I love this car. What a delight. They say things dont make your life better but this car proves otherwise!
James and Charla J
Reviewed a 2016 Ford Mustang on Sep 5, 2022
Great handling and sporty, we love Mustangs. They also hold their value really well
Matt C
Reviewed a 2016 Ford Mustang on Jan 20, 2021
The premium is the perfect mix of luxury meets sport. Plenty of options included adds lots of comfort. And this GT is fast with amazing handling and control. My wife can take it to the grocery store without being scared of it and I can drop it in sport mode and tear up the asphalt.
Scott C
Reviewed a 2016 Ford Mustang on Sep 6, 2023
I have a very well equipped Ecoboost Premium. The car rides exceptionally well. The 4 cyl has plenty of power and pulls close to 30 MPG on the highway. The car is a joy to drive and is my 5th Mustang. Having owned some older generations, this is the best one yet. Lots of creature comforts in this model and a nice mix of retro and new.
Compare 2016 Ford Mustang Trims in Detroit, MI
The 2016 Ford Mustang offers a range of trims from budget-friendly options to powerful V8 models, catering to various driving preferences and budgets.
- Starting at $9,894
- Best MPG/MPGe: 22 city / 31 hwy
- Most Popular: GT Premium Coupe RWD
Trim Overview
Prices updated weekly from CarGurus listings.
| V6 Coupe RWD | EcoBoost Coupe RWD | EcoBoost Premium Coupe RWD | V6 Convertible RWD | GT Coupe RWD | EcoBoost Premium Convertible RWD | GT Premium Coupe RWD (Most Popular) | GT Premium Convertible RWD | |
|---|---|---|---|---|---|---|---|---|
| Starting MSRP | $24,145 | $25,645 | $29,645 | $29,645 | $32,395 | $35,145 | $36,395 | $41,895 |
| Avg. Market Price | $19,151 | $9,894 | $18,968 | $16,978 | $16,978 | $16,978 | $24,995 | $16,978 |
| Positioning | Best value | Standard | Standard | Standard | Standard | Standard | Standard | Fully loaded |
| Standout Features | Backup camera, Bluetooth, Leather seats | Backup camera, Bluetooth, Heated seats | Backup camera, Bluetooth, Adaptive cruise control | Backup camera, Bluetooth, Heated seats | Backup camera, Bluetooth, Navigation system | Backup camera, Bluetooth, Multi-zone climate control | Backup camera, Bluetooth, Heated seats | Heated seats, Leather seats, Adaptive cruise control |
| Drivetrain | RWD | RWD | RWD | RWD | RWD | RWD | RWD | RWD |
| Listings Available | 41 | 81 | 52 | 19 | 167 | 120 | 227 | 90 |
Quick Compare Table
Listing prices sourced from CarGurus — updated weekly. OEM specs from manufacturer data.
| V6 Coupe RWD | EcoBoost Coupe RWD | EcoBoost Premium Coupe RWD | V6 Convertible RWD | GT Coupe RWD | EcoBoost Premium Convertible RWD | GT Premium Coupe RWD | GT Premium Convertible RWD | |
|---|---|---|---|---|---|---|---|---|
| AI Summary | Best value for a sporty coupe | Most affordable with good fuel economy | Premium features at a reasonable price | Convertible option with V6 power | Powerful V8 performance | Convertible with premium features | Most popular trim with V8 power | Fully loaded with luxury features |
| Avg. Market Price | $19,151 | $9,894 | $18,968 | $16,978 | $16,978 | $16,978 | $24,995 | $16,978 |
| MSRP | $24,145 | $25,645 | $29,645 | $29,645 | $32,395 | $35,145 | $36,395 | $41,895 |
| Engine | 3.7L 300 hp V6 | 2.3L 310 hp I4 | 2.3L 310 hp I4 | 3.7L 300 hp V6 | 5.0L 435 hp V8 | 2.3L 310 hp I4 | 5.0L 435 hp V8 | 5.0L 435 hp V8 |
| Drivetrain | RWD | RWD | RWD | RWD | RWD | RWD | RWD | RWD |
| MPG/MPGe (City/Hwy) | 17/28 | 22/31 | 22/31 | 17/28 | 15/25 | 22/31 | 15/25 | 15/25 |
| Backup Camera | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Bluetooth | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Leather Seats | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Blind Spot Monitoring | ✓ | ✓ | ✓ | — | ✓ | ✓ | ✓ | ✓ |
| Parking Sensors | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Navigation System | ✓ | ✓ | ✓ | — | ✓ | ✓ | ✓ | ✓ |
| Android Auto | — | ✓ | — | — | — | ✓ | — | ✓ |
| CarPlay | — | ✓ | ✓ | — | ✓ | ✓ | ✓ | ✓ |
| Heated Seats | — | ✓ | ✓ | ✓ | — | ✓ | ✓ | ✓ |
| Remote Start | — | — | ✓ | ✓ | ✓ | ✓ | — | — |
| Adaptive Cruise Control | — | — | ✓ | — | — | — | — | ✓ |
| Multi Zone Climate Control | — | — | — | — | — | ✓ | — | — |
| Active Listings | 41 | 81 | 52 | 19 | 167 | 120 | 227 | 90 |
Missing data displayed as "—".
Trim Deep Dives
V6 Coupe RWD — "Who It's For"
The V6 Coupe is the pick for shoppers who want a sporty look without the higher costs of the V8 models.
- Avg. market price: $19,151 (updated weekly)
- MPG/MPGe: 17 city / 28 hwy
- Inventory: 41 listings
- View V6 Coupe RWD listings
EcoBoost Coupe RWD — "Who It's For"
The EcoBoost Coupe is the pick for shoppers who want a balance of performance and fuel efficiency without breaking the bank.
- Avg. market price: $9,894 (updated weekly)
- MPG/MPGe: 22 city / 31 hwy
- Inventory: 81 listings
- View EcoBoost Coupe RWD listings
EcoBoost Premium Coupe RWD — "Who It's For"
The EcoBoost Premium Coupe is the pick for shoppers who want a sporty experience with added luxury features without the V8 price.
- Avg. market price: $18,968 (updated weekly)
- MPG/MPGe: 22 city / 31 hwy
- Inventory: 52 listings
- View EcoBoost Premium Coupe RWD listings
V6 Convertible RWD — "Who It's For"
The V6 Convertible is the pick for shoppers who want an open-air experience without the higher costs of the V8 models.
- Avg. market price: $16,978 (updated weekly)
- MPG/MPGe: 17 city / 28 hwy
- Inventory: 19 listings — lower availability; may limit negotiating room
- View V6 Convertible RWD listings
GT Coupe RWD — "Who It's For"
The GT Coupe is the pick for shoppers who want a powerful V8 experience without the premium of the fully loaded trims.
- Avg. market price: $16,978 (updated weekly)
- MPG/MPGe: 15 city / 25 hwy
- Inventory: 167 listings — widest selection in the lineup
- View GT Coupe RWD listings
EcoBoost Premium Convertible RWD — "Who It's For"
The EcoBoost Premium Convertible is the pick for shoppers who want a stylish drop-top with modern tech features.
- Avg. market price: $16,978 (updated weekly)
- MPG/MPGe: 22 city / 31 hwy
- Inventory: 120 listings — widest selection in the lineup
- View EcoBoost Premium Convertible RWD listings
GT Premium Coupe RWD — "Who It's For"
The GT Premium Coupe is the pick for shoppers who want the ultimate Mustang experience with a powerful V8 and luxury features.
- Avg. market price: $24,995 (updated weekly)
- MPG/MPGe: 15 city / 25 hwy
- Inventory: 227 listings — widest selection in the lineup
- View GT Premium Coupe RWD listings
GT Premium Convertible RWD — "Who It's For"
The GT Premium Convertible is the pick for shoppers who want a fully loaded drop-top with all the luxury features.
- Avg. market price: $16,978 (updated weekly)
- MPG/MPGe: 15 city / 25 hwy
- Inventory: 90 listings
- View GT Premium Convertible RWD listings
Trim Recommendations
Most Popular — GT Premium Coupe RWD
With 227 active listings, the GT Premium Coupe RWD is the clear volume leader in the lineup.
Browse GT Premium Coupe RWD listings
Best Budget Option — EcoBoost Coupe RWD
At $9,894 avg market price — below the lineup median of $16,978 — it's the most accessible entry point.
Browse EcoBoost Coupe RWD listings
Best for Fuel Economy — EcoBoost Coupe RWD
With 22/31 MPG, the EcoBoost Coupe RWD offers the best fuel efficiency in the lineup.
Browse EcoBoost Coupe RWD listings
These recommendations are based on CarGurus' proprietary market data from October 15, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
2016 Ford Mustang Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2016 Ford Mustang prices has changed over time.
See more price trends2016 Ford Mustang Pricing Analysis: Detroit, MI Market Report
Pricing in Nearby Cities
Market Area: Detroit, MI
Key Insights
- Highest-Price Market: Cleveland, OH leads with an average price of $26,265, indicating a premium market for the Mustang in this area.
- Best Value: Lansing, MI offers the lowest average price at $14,498, presenting a significant opportunity for budget-conscious shoppers.
- Inventory Drives Stability: Toledo, OH has the most listings at 250, suggesting a robust supply that may help stabilize prices in the region.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Toledo, OH | 250 | $15,749 |
| Ann Arbor, MI | 248 | $16,198 |
| Mansfield, OH | 244 | $21,500 |
| Howell, MI | 242 | $17,585 |
| Cleveland, OH | 241 | $26,265 |
| Lake Orion, MI | 240 | $17,911 |
| Jackson, MI | 240 | $16,900 |
| Lansing, MI | 237 | $14,498 |
| Flint, MI | 221 | $20,105 |
| Saginaw, MI | 214 | $17,483 |
Pricing by Trim Packages
Key Insights
- Volume Leader: The GT Premium Coupe RWD has the highest listings at 238, indicating strong demand for this trim.
- Premium Spread: The GT Premium Convertible RWD has the highest MSRP at $41,895, reflecting the premium buyers are willing to pay for convertible features.
- Drivetrain Effect: All trims listed are RWD, which may appeal to performance-oriented buyers, but the price variance suggests differing buyer preferences for features and performance.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| EcoBoost Premium Convertible RWD | 116 | $35,145 | RWD | 2.3L 310 hp I4 |
| GT Premium Coupe RWD | 238 | $36,395 | RWD | 5.0L 435 hp V8 |
| GT Coupe RWD | 169 | $32,395 | RWD | 5.0L 435 hp V8 |
| GT Premium Convertible RWD | 102 | $41,895 | RWD | 5.0L 435 hp V8 |
| EcoBoost Coupe RWD | 73 | $25,645 | RWD | 2.3L 310 hp I4 |
| V6 Coupe RWD | 47 | $24,145 | RWD | 3.7L 300 hp V6 |
| EcoBoost Premium Coupe RWD | 50 | $29,645 | RWD | 2.3L 310 hp I4 |
| V6 Convertible RWD | 20 | $29,645 | RWD | 3.7L 300 hp V6 |
Pricing Analysis by Model Year
Key Insights
- New-Car Premium: The 2026 model shows a significant average price of $83,926, reflecting a 154.4% premium over its starting MSRP.
- Depreciation Curve: The 2018 model has the steepest depreciation at -32.8%, indicating a sharp decline in value as it ages.
- Best Value Sweet Spot: The 2022 model, priced at an average of $31,235, represents a good balance of price and features for buyers looking for value.
Model Year Pricing
| Model Year | Starting MSRP | Avg Price | Avg Price vs Starting MSRP |
|---|---|---|---|
| 2026 | $32,995 | $83,926 | +154.4% |
| 2025 | $31,920 | $41,162 | +29.0% |
| 2024 | $30,920 | $41,979 | +35.8% |
| 2023 | $27,770 | $37,049 | +33.4% |
| 2022 | $27,470 | $31,235 | +13.7% |
| 2021 | $27,205 | $31,153 | +14.5% |
| 2020 | $26,670 | $29,005 | +8.8% |
| 2019 | $26,395 | $29,763 | +12.8% |
| 2018 | $25,680 | $17,247 | -32.8% |
| 2017 | $25,185 | $18,641 | -26.0% |
| 2016 | $24,145 | $16,948 | -29.8% |
| 2015 | $23,800 | $17,906 | -24.8% |
These recommendations are based on CarGurus' proprietary market data from October 21, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
How much does the 2016 Ford Mustang cost?
| Metric | Value |
|---|---|
| Current Average Price | $18,592 |
| Year-Round Low | $18,381 |
| Year-Round High | $19,966 |
| Average Price a Year Ago | $19,712 |
| Change vs. Last Year | −5.68% |
Prices have softened 5.68% compared to this time last year, making it a favorable time to shop this model year.
There are 1,811 listings available, which gives you a solid pool of options to compare.
Is the 2016 Ford Mustang a good car?
Yes — the 2016 Ford Mustang earns a 4.8/5 user rating and a 7.5/10 expert rating. The standout strength is Safety at 9/10.
Owners consistently praise its fun and smooth ride, performance, and handling, and they also like its stylish design and value compared with similar cars. For you, that means this model year fits especially well if you want a classic-looking performance car with updated tech and a broad mix of appearance and performance packages.
With 29.2% of listings marked as good or great deals, the market still offers some room to shop selectively.
Is the 2016 Ford Mustang reliable?
Owners rate it 4.8/5, a strong signal of long-term satisfaction.
Owner feedback points to a car that feels fun, smooth, and dependable enough to keep buyers happy over time, with many praising its value and overall driving experience. The expert test-drive notes also emphasize that the Mustang is a modernized, more capable version of the classic pony car, which supports confidence in everyday use.
Ford also highlights a strong safety and convenience package, including standard antilock brakes, traction and stability control, and a full suite of airbags. For used buyers, the main long-term risk is less about the car’s core appeal and more about finding one that has been maintained well and not modified heavily.
What should I look for when buying a used 2016 Ford Mustang?
At 56.2% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
You should start with a vehicle history report and then prioritize a pre-purchase inspection, especially if the car has been modified or driven hard. Focus on body condition, signs of prior repair, and whether the equipment and features still work as expected.
Key things to evaluate:
- Trim level: The base car comes with 17-inch alloys, automatic xenon headlights, LED taillights, keyless entry and ignition, a tilt-and-telescoping steering wheel, and MyKey, while higher trims add features like power front seats, leather upholstery, heated and ventilated seats, ambient lighting, and Sync 3.
- Powertrain: You can shop V6, turbocharged four-cylinder, and V8 versions, with the V6 rated at 300 hp and the EcoBoost at 310 hp; the V8 is the strongest choice if you want the most power.
- Safety package: Premium Mustangs can add adaptive cruise control, blind-spot monitoring with cross-traffic alert, and forward-collision warning, while all Mustangs can add front and rear parking sensors.
- Infotainment: Sync 3 arrives on the EcoBoost Premium with an 8-inch touchscreen, and the upgraded system is quicker and more usable than the older setup.
- Fuel efficiency: The V6 returns 17 mpg city and 28 mpg highway with the manual, while the EcoBoost is rated as high as 22 mpg city and 32 mpg highway depending on transmission; the V8 trades efficiency for power at 15 mpg city and 25 mpg highway.
Which 2016 Ford Mustang trim should I buy?
The 2016 Ford Mustang is offered in 5 trim levels: V6, EcoBoost, EcoBoost Premium, GT, GT Premium.
Here's the short version:
- V6: This is the value play if you want Mustang style and strong standard equipment without stretching the budget, since it already brings 300 hp and a solid feature set.
- EcoBoost: Choose this if you want the turbo-four’s lighter feel and stronger efficiency, especially if you care more about balanced daily driving than V8 sound.
- EcoBoost Premium: This is the best-value trim for many shoppers because it adds Sync 3, an 8-inch touchscreen, leather, heated and ventilated seats, and more comfort features.
- GT: Pick this if you want the V8 experience and are willing to give up some premium comfort features to get it.
- GT Premium: This is the right choice if you want the V8 plus the nicer cabin and feature set, and it’s the trim that pairs best with the California Special package.
Premium Mustangs are also the trims that can add adaptive cruise control, blind-spot monitoring with cross-traffic alert, and forward-collision warning.
Is now a good time to buy a used 2016 Ford Mustang?
This is a moderate market for selective buyers, so it pays to compare listings carefully and move quickly on the right one.
- Deal availability: 29.2% of listings are priced as good or great deals.
- Inventory: There are 1,811 listings available.
- Price trend: Prices have softened 5.68% compared with last year.
- Clean inventory: 56.2% of listings are accident-free.
If you find a listing below $18,381, that's toward the low end of the year-round range and worth acting on quickly.
What is the 2016 Ford Mustang's resale value?
The current average of $18,592 sits slightly below last year's $19,712.
That softer pricing suggests the Mustang has already absorbed some depreciation, which can help if you buy now and plan to own it for a while. For a future seller, the current market shows that value is still tied closely to condition, trim, and how well the car has been cared for.
Because the average price is below last year’s level, you may have less downside risk than a buyer who paid closer to the prior-year average. Well-kept examples should remain easier to move than neglected or heavily modified ones.
Vehicles with strong owner satisfaction ratings, like this model year's 4.8/5, tend to retain buyer demand, which supports resale value over time.
Is the 2016 Ford Mustang safe?
The 2016 Ford Mustang earns the Insurance Institute for Highway Safety’s top rating of Good and a five-star overall rating from NHTSA.
It earns a 9/10 safety score from our experts.
Standard antilock brakes, traction and stability control, and a full suite of airbags help anchor the safety story. Ford also offers adaptive cruise control, blind-spot monitoring with cross-traffic alert, and forward-collision warning on Premium Mustangs, while front and rear parking sensors are available across the lineup.
Should I buy a 2016 Ford Mustang or consider a different year?
If you're weighing the 2016 against nearby model years, here's how to think about it:
Choose the 2016 if:
- 29.2% of listings are priced as good or great deals.
- At 56.2% accident-free, a meaningful share of listings has prior incidents — history verification is especially important.
- Price trend: Prices have softened 5.68% compared with last year.
- Owners rate it 4.8/5 — a strong satisfaction signal.
- It adds Sync 3, new appearance packages, and broader trim and feature variety.
Consider the 2015 if:
- At $19,599, the 2015 costs more than the current year's $18,592 average.
- It was a redesigned anniversary-year Mustang with broad appeal and strong dynamic improvement.
The bottom line: If you want the better shopping value, the 2016 is the stronger pick because prices have eased and the feature mix is broader. If you’re comparing carefully and find a clean 2015 at the right price, it can still make sense, but the 2016 gives you the better balance of value, tech, and selection.
How does the 2016 Ford Mustang compare to the 2016 Chevrolet Camaro?
Our experts score the 2016 Ford Mustang 7.5/10 and the 2016 Chevrolet Camaro 7.3/10.
The Mustang gives you the lower average used price and more listings to shop, while the Camaro brings stronger city and highway MPG figures in the comparison table. If you want the better value and broader inventory, the Mustang has the edge; if efficiency matters more, the Camaro is the more frugal choice.
| Spec | 2016 Ford Mustang | 2016 Chevrolet Camaro |
|---|---|---|
| Starting MSRP | $24,145 | $25,700 |
| Engine | 3.7L 300 hp V6 | 2.0L 275 hp I4 |
| Horsepower | 300 hp @ 6500 rpm | 275 hp @ 5600 rpm |
| MPG/MPGe (city) | 17 | 21 |
| MPG/MPGe (highway) | 28 | 30 |
| Average used price | $18,592 | $21,985 |
| Listings available | 1,811 | 1,271 |
| Good & great deal share | 29.2% | 28.2% |
| Accident-free share | 56.2% | 54.2% |
These recommendations are based on CarGurus' proprietary market data from October 21, 2026, CarGurus experts' opinions, and generative AI.
*CarGurus meticulously monitors the prices of millions of pre-owned vehicle listings, offering users precise and up-to-date market insights. Historical pricing data excludes any additional dealer fees as of May 3, 2026.
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